Homework 1 Solutions - Homework 1 Chapter 1 Problem 5 Look...

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Homework 1 Chapter 1 Problem 5 Look through a recent copy of The Wall Street Journal. Identify an article that relies directly or indirectly on statistics. Briefly describe the article (also be sure to give the title, date, and page number), and attach a copy. Which of the five activities of statistics is represented here? Exercise for student. Problem 10 Your company has been collecting detailed data for years on customer contacts, including store purchases, telephone inquiries, and Internet orders, and you would like to systematically use this resource to learn more about your customers and, ultimately, to improve sales. What is the name of the collection methods that will be most useful to you in this project? Data mining. Problem 18 Your box has asked you to take a close look at the marketing data that just came in and would like you to report back with your overall impressions of its quality and usefulness. Which main activity of statistics will you be performing? Exploring the data.
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Homework 1 Solutions - Homework 1 Chapter 1 Problem 5 Look...

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